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Nonprofiteer
← INTERNATIONAL DOMINICAN FOUNDATION

Form 990 for tax year 2024

Filed by INTERNATIONAL DOMINICAN FOUNDATION.

Totals

Total revenue
$27,122,697
Total expenses
$7,329,247
Contributions and grants received
$22,921,046
Grants paid
$6,925,802
Program service revenue
$0
Investment income
$4,200,404
Other revenue
$1,247
Total assets, end of year
$68,206,312
Total liabilities, end of year
$325,923
Net assets or fund balances, end of year
$67,880,389
Program services expenses (Part IX)
$7,108,820
Management and general expenses
$215,842
Fundraising expenses
$4,585
Program service expenses (Part III)
$7,108,820

Program services were 97.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $22,921,046

  • 3 · Investment income

    total $2,333,613 · excluded $2,333,613

  • 7a · Gross sales of assets other than inventory

    securities $1,866,791

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $1,866,791

  • 7d · Net gain or loss

    total $1,866,791 · excluded $1,866,791

  • 11a · Other revenue: MISCELLANEOUS

    total $1,247 · related or exempt $1,247

  • 11e · Other revenue, total

    $1,247

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,925,802 · program services $6,925,802

  • 7 · Other salaries and wages

    total $163,646 · program services $147,282 · management and general $16,364

  • 9 · Other employee benefits

    total $26,898 · program services $24,208 · management and general $2,690

  • 10 · Payroll taxes

    total $11,951 · program services $10,756 · management and general $1,195

  • 11a · Fees: management

    total $13,900 · management and general $13,900

  • 11b · Fees: legal

    total $15 · management and general $15

  • 11c · Fees: accounting

    total $22,722 · management and general $22,722

  • 11f · Fees: investment management

    total $136,585 · management and general $136,585

  • 11g · Fees: other

    total $854 · program services $772 · management and general $82

  • 13 · Office expenses

    total $21,968 · management and general $17,383 · fundraising $4,585

  • 14 · Information technology

    total $250 · management and general $250

  • 17 · Travel

    total $1,765 · management and general $1,765

  • 23 · Insurance

    total $2,891 · management and general $2,891

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,735,846 · end of year $872,416

  • 2 · Savings and temporary cash investments

    beginning of year $2,870,379 · end of year $6,686

  • 3 · Pledges and grants receivable

    beginning of year $1,849,594 · end of year $1,698,198

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,563 · end of year $11,886

  • 10a · Land, buildings and equipment: cost or other basis

    $6,031

  • 10b · Land, buildings and equipment: accumulated depreciation

    $6,031

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $41,927,260 · end of year $65,617,126

  • 17 · Accounts payable and accrued expenses

    beginning of year $45,690 · end of year $67,910

  • 24 · Unsecured notes and loans payable

    beginning of year $258,013 · end of year $258,013

  • 27 · Net assets without donor restrictions

    beginning of year $488,313 · end of year $710,139

  • 28 · Net assets with donor restrictions

    beginning of year $47,598,626 · end of year $67,170,250

Mission and programs · 2024

Mission

THE PURPOSE OF THE INTERNATIONAL DOMINICAN FOUNDATION IS TO AID AND SUPPORT THE NATIONAL AND INTERNATIONAL PROJECTS OF THE DOMINICAN ORDER OF THE CATHOLIC CHURCH.

  • THE ANGELICUM IS ONE OF THE PRINCIPLE CENTRES FOR INTELLECTUAL LIFE IN THE ORDER OF PREACHERS. A HOUSE OF STUDIES WHERE ST. THOMAS AQUINAS ONCE TAUGHT, IT SOUGHT AND WAS GRANTED PONTIFICAL STATUS UNDER THE MASTERSHIP OF BLESSED HYACINTH CORMIER OP. TODAY, IT OFFERS PONTIFICAL DEGREES UP TO THE LEVEL OF DOCTORATE IN THEOLOGY, PHILOSOPHY, CANON LAW, AND THE SOCIAL SCIENCES. EACH YEAR, IT WELCOMES OVER 1,200 SEMINARIANS, RELIGIOUS, AND LAYPEOPLE FROM ALMOST 100 DIFFERENT COUNTRIES. THE ADMINISTRATION AND TEACHING STAFF ARE MAINLY DOMINICANS, SUPPORTED BY A 70-STRONG CONVENT OF FRIARS, WHICH MAKE IT ONE OF THE LARGEST COMMUNITIES IN THE ORDER. THE ANGELICUM IS ALSO THE ACCREDITING BODY FOR 15 HIGHER LEARNING INSTITUTES SPREAD ACROSS THE WORLD (INCLUDING BLACKFRIARS STADIUM IN OXFORD). GRANTS WERE GIVEN FOR SCHOLARSHIPS TO SEMINARIANS AND LAY PERSONS AT THE ANGELICUM UNIVERSITY IN ROME.

    Expenses $7,001,336 · Grants $6,821,826

  • ECOLE BIBLIQUE AND FRENCH SCHOOL OF ARCHAEOLOGY IS THE CENTRE OF BIBLICAL STUDY AND ARCHAEOLOGY THAT PRODUCED THE JERUSALEM BIBLE AND EDITS THE REVUE BIBLIQUE. FOUNDED BY THE DOMINICAN MARIE-JOSEPH LAGRANGE IN 1890, THE ECOLE CONTINUES TO OFFER SCHOLARS OF THE BIBLE AND THE ARCHAEOLOGY OF THE HOLY LAND A UNIQUE VENUE TO STUDY, TEACH, AND PUBLISH. THERE ARE 20 DOMINICAN FRIARS ASSIGNED TO THE ECOLE AND APPROXIMATELY 40 POSTGRADUATES FROM DIFFERENT PARTS OF THE WORLD IN RESIDENCE. SITUATED IN EAST JERUSALEM, THE ECOLE STUDENTS AND STAFF WITNESS THE INTER-RELIGIOUS CONTEXT OF THE MODERN WORLD NOT AS A SUBJECT OF STUDY ONLY BUT AS A REAL LIFE EXPERIENCE. THIS SENSITIVITY TO DIFFERENT CULTURAL AND RELIGIOUS CONTEXTS HAS INSPIRED THE COMMUNITY TO BEGIN A NEW BIBLE PROJECT CALLED BIBLE EN SES TRADITIONS, BEST. BEST WILL NOT BE YET ANOTHER CATHOLIC BIBLE, BUT ONE THAT CAN BE READ CATHOLICALLY, THAT IS WITH EQUAL ATTENTION GIVEN TO THE SCRIPTURAL TEXT AND THE TRADITION(S) OF RECEPTION, INCLUDING JEWISH, PROTESTANT, AND ORTHODOX READINGS. GRANTS WERE GIVEN TO THE ECOLE BIBLIQUE AND FRENCH SCHOOL OF ARCHAEOLOGY IN JERUSALEM.

    Expenses $54,337 · Grants $53,055

  • THE DOMINICAN INSTITUTE OF ORIENTAL STUDIES (IDEO) WAS FOUNDED IN CAIRO IN 1953 AT THE REQUEST OF THE HOLY SEE TO OPEN A DIALOGUE, WITHOUT PROSELYTISM, BETWEEN MUSLIM AND CHRISTIAN SCHOLARS. IT IS THE HOME TO AN EXTENSIVE COLLECTION OF WORKS ON ARABIC CULTURE AND ISLAM AND IS RECOGNIZED AS A PREEMINENT RESEARCH INSTITUTION BY INTERNATIONAL SCHOLARS. THE IDEO IS COMPRISED OF A TEAM OF APPROXIMATELY 12 SCHOLARS, MAINLY DOMINICANS. APPROXIMATELY 10 OF THE SCHOLARS LIVE IN CAIRO, WHERE THEY DEVOTE THEMSELVES TO THE IDEO'S LIBRARY AND WELCOME VISITORS AND READERS. THOSE WHO LIVE OUTSIDE OF EGYPT LECTURE IN UNIVERSITIES OR WORK IN RESEARCH CENTERS SUCH AS THE CNRS IN FRANCE. 12 OTHER SCHOLARS ARE SUPPORTING THEM. IDEO WORKS TOWARD BETTER KNOWLEDGE AND UNDERSTANDING OF THE ARAB-MUSLIM CULTURAL HERITAGE AND TOWARD THE IMPROVEMENT OF ISLAMIC AND CHRISTIAN RELATIONS. GRANTS WERE GIVEN TO THE IDEO IN CAIRO.

    Expenses $53,147 · Grants $50,921

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Most Rev Gerard Timoner Op

    HONORARY MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Very Rev Christopher Fadok Op

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Very Rev Allen Moran Op

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Very Rev James Moore Op

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sr Anne Catherine Burleigh Op

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Rev Louis Morrone Op

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Rev Sebastian White Op

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Very Rev Roberto Merced Op

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rev Jordan Deguire Op

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rev Corwin Low Op

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10
  • Rev David Seid Op

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Ms Courtney Therien

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mr Carlos De Quesada

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mr Bruce R Hoefer Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rev Jordan Turano Op

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202533219349302398

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